Business performance and ownership

Description: This interactive dashboard allows users to examine financial and employment variables for enterprises aggregated at the industry and industry aggregation level, as well as at the provincial, territorial and regional level.

Financial statistics are based on the Financial and Taxation Statistics for Enterprises product (survey 2510) and are calculated to the province and territory level using employment allocation factors based on profiled data from the Business Register and administrative data from the Canada Revenue Agency T4 Supplemental file.

The employment data has been aggregated at the industry and industry aggregation level, using the annual provincial program of Canadian Productivity Accounts (survey 5103) which produces annual data on jobs by province and territory.

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This table contains 27 series, with data starting from 1981 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Type of currency (27 items: Australian dollar, daily average; Brazilian real, daily average; Chinese renminbi, daily average; European euro, daily average; ...).

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Selected annual aggregate balance sheet and income statement items representing incorporated enterprises operating in Canada, for all industries, presented in millions of dollars.

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Selected annual aggregate balance sheet and income statement items representing incorporated financial enterprises operating in Canada, presented in millions of dollars.

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Selected annual aggregate balance sheet and income statement items representing incorporated non-financial enterprises operating in Canada, presented in millions of dollars.

Description: Selected financial and employment variables for enterprises presented in millions of dollars at the industry and industry aggregation level, as well as at the provincial, territorial and regional level.

Description: The need for alternative data sources is of growing importance for both supplementing Statistics Canada's data holdings and for nowcasting economic activity. In response to this need, Statistics Canada initiated the development of a Real-time Local Business Conditions Index (RT-LBCI). The index brings together data from a few different sources, including Google's Places API (containing data on temporary and permanent businesses closures), TomTom Real-time traffic API (road traffic data), as well as information from Statistics Canada data holdings (monthly retail and wholesale, Business Register, etc.). The project aims to compute a near real-time index of economic activity in Canadian major cities.

Description: This table contains 71 series, with data starting from 1934 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Rates (71 items: Bank rate; last Tuesday or last Thursday; Bank rate; Chartered bank administered interest rates - prime business; Chartered bank - consumer loan rate ...).

Description: This table contains 38 series, with data starting from 1957 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada), Rates (38 items: Bank rate; Chartered bank administered interest rates - prime business; Chartered bank - consumer loan rate; Forward premium or discount (-), United States dollars in Canada: 1 month; ...).

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The RT-LBCI is released as an experimental statistic. It is intended to provide a real-time signal on business activities following the disruptions brought about by the pandemic and through the recovery phase.

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Percentage of enterprises that implemented specific changes in response to change in competition in the main geographical market, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Specific changes include change in quality of goods or services (products), adoption of new technology or a new process, change in marketing expenditures or marketing strategy, introduction or acceleration of the introduction of new goods or services (products), change in prices of goods or services (products), and take other actions.

Description: Percentage of enterprises that regularly used specific business practices, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Business practices include product and control management practices – concurrent engineering (simultaneous design), cross-functional design teams, electronic work arrangement, distribution resource planning (DRP), practices related to user or customer engagement and intelligence, and product data management (PDM); quality management practices – continuous improvement (including total quality management [TQM]), business certification or certification renewals, and quality management systems (QMS); other business practices – competitive technological intelligence (CTI) or benchmarking, sustainable development strategy or environmental stewardship plan (ESP), life cycle management (LCM), and intellectual property management.

Description: Percentage of enterprises that had specific strategic focus with respect to business processes (core activities to produce products and all support business activities) over the next five years, by North American Industry Classification System (NAICS) code and enterprise size. Strategic focus with respect to business processes include maintenance on current business processes, optimization of current business processes, introduction of new or improved business processes, downsize of current business processes to focus on areas of advantage.

Description: Percentage of enterprises that required skills in specific areas, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Specific areas include basic digital, computer science, information technology, general data science and analytics, natural sciences and engineering, management, business, international business, skilled trades, design, coaching and mentoring skills to meet the needs of the business, and e-commerce or digital trade.

Description: Percentage of enterprises that encountered skill shortages in specific areas, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Specific areas include basic digital, computer science, information technology, general data science and analytics, natural sciences and engineering, management, business, international business, skilled trades, design, coaching and mentoring skills to meet the needs of the business, and e-commerce or digital trade.

Description: Percentage of enterprises that took measures to overcome skill shortages, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Measures include outsourcing work in Canada, offshoring of labour, targeted recruitment process, student hiring, training staff, retention strategy, acquisition of external businesses, global talent attraction, other government programs, and other measures.

Description: Percentage of enterprises that arranged training or development activities to employees, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Training and development activities include job specific training, managerial training, training in new technology, training in new business practices, training in international business, digital skill training, data literacy skill training, coaching and mentoring for employees, and other training or development.

Description: Percentage of enterprises that had arrangements with other business entities outside Canada for them to perform manufacturing, processing, or assembly work according to the specifications provided by these enterprises or on behalf of their clients, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period.

Description: Percentage of enterprises that performed manufacturing, processing, or assembly work according to the specifications provided by non-Canadian clients, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period.

Description: Percentage of enterprises that owned any of intellectual property assets in Canada or outside of Canada, by North American Industry Classification System (NAICS) and enterprise size. Intellectual property assets include patents, trademarks, industrial design, trade secrets, copyrights, non-disclosure agreements, and other types of intellectual property.

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Cycles in business investment are a key determinant of overall growth, as they are longer-lasting and stronger than in other sectors. Canada is currently in the early stages of an upturn in investment, driven by the revival of the resource sector.

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Examines small-and mid-sized Internet service providers, and probes the differences between faster growing Internet service providers and their slower-growing counterparts between 2000 and 2002.

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This service bulletin contains historical and current data on research and development (R&D) expenditures and personnel in Canada, by industry. In Canada, the industrial or business enterprise sector is the largest R&D performer.

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We investigate whether trade liberalization affects profitability and financial leverage, using Canadian data from the period following implementation of the Canada-U.S. Free Trade Agreement. We find that falling domestic tariffs are associated with declining profits and increasing leverage for import-competing firms, while falling foreign tariffs are associated with increasing profits and decreasing leverage for firms in export-oriented industries. This pattern is consistent with the "pecking order" theory of capital structure.

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This article summarizes findings from the research paper entitled: Trade liberalization, profitability, and financial leverage. Changes in international trade policy may influence financial leverage, the relative importance of debt as opposed to equity in financing the firm, expressed by a debt-to-asset ratio. The primary objective of this paper is to investigate empirically whether trade liberalization has an impact on leverage. The second is to estimate the effect of trade liberalization on profitability. Changes in trade policy are a major part of the international business environment, and our theoretical formulation suggests that trade liberalization influences leverage largely through its effect on profits. Therefore, testing the link between liberalization and profits is a central test of our overall theoretical structure. The paper is divided into the following sections: four testable hypotheses regarding the possible effect of trade liberalization on profits and leverage; a description of the data set; empirical results and analysis; and concluding remarks.

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This paper examines head office employment in the Canadian manufacturing sector. It focuses on the characteristics that are related to the creation of a head office and the amount of employment in that head office. Among the characteristics investigated are firm size, number of plants, industrial diversity, geographical location, industry and nationality. The paper finds that foreign-owned firms are more likely to create a head office and to create more employment in their head offices than are domestic-controlled firms, after controlling for firm characteristics. It also finds that head office creation and employment levels are associated with a firm's level of complexity (e.g., its size) and how it organises its production geographically.

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This issue of the Bulletin presents financial and operating statistics for the television broadcasting industry for the 2001 to 2004 period.

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Plant deaths arise from failure when firms exit an industry. Plant deaths are also associated with renewal when incumbent firms close down plants and modernize their production facilities and start-up new plants.

The rate of plant deaths affects the amount of change that occurs in labour and capital markets. Plant deaths result in job losses and incur significant human costs as employees are forced to seek other work. The death process also gives rise to capital losses - to the loss of earlier investments that the industrial system had made in productive capacity. This paper makes use of the plant-death date to provide new information on the likely length of life of capital invested in plants.

This paper measures the death rate over a forty year period for new plants in the Canadian manufacturing sector. It develops a profile of the death rate for entrants as they age. On average, 14% of new plants die in their first year. Over half of new plants die by the age of six. By the age of 15, less than 20% are still alive.

As a result, manufacturing plants have relatively short lives. The average new plant lives only nine years (17 years if the average is employment-weighted). These rates vary by industry. The longest length of life (13 years) can be found in two industries -primary metals and paper and allied products. The shortest average length of life (less than 8 years) occurs in wood industries.

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This paper looks into Canadian innovative biotechnology firms' access to financing capital. Results show that over 70% of biotech firms that attempted to raise financing capital were successful. Funds were primarily sought for R&D activities and came primarily from Canadian venture capitalists. Harsher market conditions were the main reasons put forward by investors to limit or reject biotechnology firms' funding requests.

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This paper studies the impact that a small country joining a regional trade agreement, but particularly a small country, might be expected to gain from the exploitation of scale economies. It makes use of the experience of Canada when it entered into the Canada-United States Free Trade Agreement (FTA) in the early 1990s.

It finds that there was a general increase in the pace of plant commodity specialization around the time of implementation of the Free Trade Agreement. At the time of the treaty, plant diversity was found to be higher in larger plants and in industries with assets that are associated with scope economies. Diversity was also higher in industries that had higher rates of tariff protection.

Over the 1980s and 1990s, plant diversity decreased with reductions in both U.S. and Canadian tariffs. And the decline was greater during the post FTA era than before, thereby suggesting that this treaty had an impact above and beyond that just engendered by the tariff reductions that were associated with it. The study also found that foreign-controlled plants tended to adjust more over the entire period.

Description: Rural Canada Non-Profits (RCNP) is a database that provides estimates of Non-Profit Organization (NPO) counts, total revenue and total employment in Canada. This document presents the data sources, methods and classification concepts used in the production of the RCNP.

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The North American Product Classification System (NAPCS) is the departmental standard for the classification of products (goods and services). The classification is a joint project of the national statistical agencies of Canada, Mexico and the United States. NAPCS is used to produce product statistics on a variety of topics, including the value of outputs of industries, the consumption by businesses and households, the value of imports and exports, and the movement of industrial and raw material prices. NAPCS Canada comprises definitions for all categories that include a descriptive text, as well as illustrative examples, inclusions and exclusions where appropriate.

Email: statcan.csds-standardsproducts-cnsd-normesproduits.statcan@statcan.gc.ca

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The mandate of the Analytical Studies Branch (ASB) is to provide high-quality, relevant and timely information on economic, health and social issues that are important to Canadians. The branch strategically makes use of expert knowledge and a large range of statistical sources to describe, draw inferences from, and make objective and scientifically supported deductions about the evolving nature of the Canadian economy and society. Research questions are addressed by applying leading-edge methods, including microsimulation and predictive analytics using a range of linked and integrated administrative and survey data. In supporting greater access to data, ASB linked data are made available to external researchers and policy makers to support evidence-based decision making. Research results are disseminated by the branch using a range of mediums (i.e., research papers, studies, infographics, videos, and blogs) to meet user needs. The branch also provides analytical support and training, feedback, and quality assurance to the wide range of programs within and outside Statistics Canada.

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The Chart of Accounts comprises a balance sheet, an income statement and selected other accounts. The balance sheet provides information on the financial position of a business. The income statement provides information on the performance of a business. The elements of the balance sheet are assets, liabilities and equity. The elements of the income statement are revenues; expenses; gains/losses, corporate taxes and other items; and extraordinary gains/losses, non-recurring items and adjustments.

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This paper provides an overview of the productivity program at Statistics Canada and a brief description of Canada's productivity performance. The paper defines productivity and the various measures that are used to investigate different aspects of productivity growth. It describes the difference between partial productivity measures (such as labour productivity) and a more complete measure (multifactor productivity) and the advantages and disadvantages of each. The paper explains why productivity is important. It outlines how productivity growth fits into the growth accounting framework and how this framework is used to examine the various sources of economic growth. The paper briefly discusses the challenges that face statisticians in measuring productivity growth. It also provides an overview of Canada's long-term productivity performance and compares Canada to the United States - both in terms of productivity levels and productivity growth rates.

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This newsletter is a brief description of projects within the Business and Labour Market Analysis Division of Statistics Canada. The research covers a wide range of topics including labour market issues, low income, immigration, business firm dynamics, pensions, productivity, technology and innovation, as well as economic geography.

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This product contains presentations done at Statistics Canada's annual Economic Conference which provides a forum for the exchange of empirical research among the business, government, research and labour communities. The conference is also a means to promote economic and socio-economic analysis while subjecting existing data to critical assessment as part of an ongoing process of statistical development and review.

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This activity is designed to show students some of the changes affecting Prairie agriculture over the past 100 years, and how Prairie farmers have adapted to them.

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This paper discusses the approach that Statistics Canada has taken to improve the quality of annual business surveys through their integration in the Unified Enterprise Survey (UES). The primary objective of the UES is to measure the final annual sales of goods and services accurately by province, in sufficient detail and in a timely manner.

This paper describes the methodological approaches that the UES has used to improve financial and commodity data quality in four broad areas. These include improved coherence of the data collected from different levels of the enterprise, better coverage of industries, better depth of information (in the sense of more content detail and estimates for more detailed domains) and better consistency of the concepts and methods across industries.

The approach, in achieving quality, has been to (a) establish a base measure of the quality of the business survey program prior to the UES, (b) measure the annual data quality of the UES, and (c) carry out specific studies to better understand the quality of UES data and methods.

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The purpose of this paper is to provide some general background and describe the methodology of the pilot year Unified Enterprise Survey (UES). It also illustrates the role of the Unified Enterprise Survey Program (UESP) within The Project to Improve Provincial Economic Statistics (PIPES) program. This information package is targeted toward external clients, for example the Provincial Focal Points, enabling them to assess future data releases planned by industry sector. The scope of this information package will be expanded as subsequent data releases over the next six months or so provide more industry specific details for the seven new pilot industries included in the 1997 UES. This document is approximately twenty-two pages in length and is to be offered at no charge to callers requesting information on the UES.